Consultation With Representative Sample Clauses

Consultation With Representative. For a period of two years from the date of the definitive prospectus, the Company and its officers and directors agree to consult with Emerson Bennett in respect of ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ or actual public or private offering of securities of the Company (as such term is defined in this subsection 11.01) for cash , securities or other consideration, other than to employees. For the purposes of this Section 11, the term, "securities of the Company" shall be deemed to include any debt or equity securities of the Company other than debt securities secured by chattel mortgages or equipment or property of the Company, the maturity date of which is less than two years, and which are offered by the Company for sale or sold by the Company only to commercial banks, insurance companies, recognized finance companies or pension trusts. Also specifically excluded are public offerings and/or private offerings of the Company's shares in exchange for properties, assets or stock of other individuals or corporations. The Company shall not be required to consult with the Underwriter concerning any borrowings from banks and institutional lenders or concerning financing under any equipment leasing or similar arrangements.